Daily Yellowstone journal., 1887-06-08
Wednesday. June o, 1887.

Wednesday, June o. 1887.
THE PRESENT AND FUTURE OF THE
LIVE STOCK BUSINESS.
The range men Of the northwest and
southwest have been suffering from
many sever trials the past few years.
The causes which have brought abont
these hardships have been many. and
among the principal ones are the fol.
lowing:
1. Badly overstocked ranges.
2. Heavy Losses caused by excessive
cold winters and severe drouths.
8. Railway and general labor strikes.
4. The general depression of trades
and Industries all over the country.
s. Quarantine by all the northern
sections caused by the quack horse
and COW doctors styling themselves
veterinary surgeons.
6. Glut and demoralized foreign
meat markets. In 1879 and 1880, single
export buyers were shipping from g.
0o0 to 1900 cattle every week. Now
they only ship from 800 to 500 cattle
and find no profit in the business.
The pleuro-pneumonia racket has been
the cause of all this.
T.. The heaviest marketing Of beef
cattle ever known In q like period.
8. The railroads running east from
Chicago have increased their rate for.
ty per cent. on live cattle and fifty
per cent. on dressed beef, making II
cost the producer from Sl.25 to 81 so
per head. This increase Is unjust and
unreasonable, and through the medi.
um OF the interstate commerce com.
mission, we hope this extortion will
loon be stopped. .
8. Then the oleomargsrine bill took
off $500 TO $3.50 Q head more, making
the enormous aggregate Of more than
fifteen millions Of dollars. and 1t all
comes out Of the producers. To all
this 1t may be added that come believe
the dressed beef shippers have had
much TO do with bringing about the
present low prices.
With all these hardships and de-
pressions the cattle men have had
about all they can bear, they are nat
urally looking for some relief. But
now, on top of all these untoward and
depressing agencies comes the gigan.
tic monopoly called ''The Cattle Trust
Co.," organized with q so.called CAPT.
tai of twenty-five millions Of dollars.
The principal organizers of this sleek
and well covered tscheme are a few
cattle men and q dressed beef shipper
who want to dispose of their over
stocked ranges, and expensive dressed
beef plant and fixtures at good prices.
They have now turned them into this
Trust" company where they can
draw big salaries for trying to induce
other cattle men to join the great
scheme, by turning ove their herds
and taking Trust" certificates at
twenty-five per e Of their so-called
par value In payment thereof.
This great ''Trust" company is 20.
ing to revolutionize the cattle trade of
the country and relieve cattle men OF
all their troubles, and cause cattle to
again sell as high as they did in 1882
and 1883.
Now, see how they are doing II.
SIace this benevolent society was or.
gsnized the price Of beet cattle In this
market has declined SOC per hundred.
equal to $500 per steer.
Their Chicago representative opened
the campaign on the 20 Of this month
by selling ut auction In Boston two
cars ofchoice heavy beef at an average
OF about six cents per pound, being
from one cent to one and aquarter cents
lower than the price Of beef In Boston
on that day It sold In the customary
way. II is supposed this shrewd rep
re~sentative will follow this course In
other esstern cities and towns. Al
these prices we would not want many
Of these "Trustn certificates even al
the prices at which they are being 10
sued, namely: $500 In certificates fol
500 In value. No doubt oil the cattle
men Of the country will be solicited Il
turn v er their herds TO this Trust
We would advise them before doing
20, however. TO carefully consider the
matter and decide whether q gigantic
"'Trustv company can handle theiI
business better for them than they car
handle II for themselves.
We think better times for cattle
men are not far distant; and that oil
those who keep their herds under theil
Owl control viii be In . prosperous
condition In the near future Is oul
Arm belIsG.- - rovsrs' Journal.